Kaushalya Infrastructure, subsidiary get Rs 138 cr order

DELHI: Kaushalya InfrastructureBSE 4.86 % today said it has received orders worth Rs 138.39 crore along with its subsidiary for constructing two residential projects in Rajasthan.

The Kolkata-based firm said in a BSE filing that said it has been awarded the contract by Rajasthan Government for constructing a housing project estimated to be Rs 51.65 crore.

"The housing project issued by the Rajasthan Awas Vikas Nigam Ltd, a Government of Rajasthan Undertaking, will require construction of EWS, LIG and MIG units under public private partnership model," Kaushalya Infrastructure said.

Flare Realty Enterprises, a step-down subsidiary/ associate of the company, has also secured its first order worth Rs 86.74 crore for development of new township in Sadarsahar, Rajasthan on 110 hectares Nagar Palika Land under " Rajasthan Township Policy, it said.

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